Financial Management: DoD Progress Payment Distribution Procedures

Abstract

The Department of Defense (DOD) has long recognized that distributing and accounting for contract progress payments are major contributors to its problems in accurately accounting for disbursements. Over the past several years, a number of different methods have been used within the Department to distribute and account for progress payments when more than one appropriation is used to fund a contract. A distribution method is necessary because contractors are not required to identify the funding appropriations when submitting progress payment requests.

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Document Details

Document Type
Technical Report
Publication Date
Jul 21, 1997
Accession Number
AD1152783

Entities

People

  • Lisa G. Jacobson

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Accounting
  • Air Force
  • Business Administration
  • Comptrollers
  • Contract Administration
  • Contractors
  • Contracts
  • Data Processing
  • Data Processing Equipment
  • Department Of Defense
  • Electronic Mail
  • Finance
  • Financial Management
  • Governments
  • Guidance
  • Hard Copy
  • Instructions
  • Internet
  • Money
  • Processing Equipment
  • Procurement
  • United States

Readers

  • Defense Financial Management and Audit.
  • Technical Research and Report Writing.